USDSEK Wave X ?BullishQuite likely.
We are in a general bearish pattern on this one, now in respite. The latest set of waves do not for a 5 wave impulse in my opinion. It just doesn't have the look, let alone fulfill the extension rules of EWT. It is more in line with "double two" that Mr Elliott described so many years ago. I am willing to put a number of fibgoals, more based on the huge zigzags preceding these short, small spurts of growth.
As always, this is not financial advice, so please do your own research.
